PADD I (East Coast District) All Grades All Formulations Gas Price
This dataset tracks padd i (east coast district) all grades all formulations gas price over time.
Latest Value
3.13
Year-over-Year Change
2.25%
Date Range
4/5/1993 - 8/4/2025
Summary
The 'PADD I (East Coast District) All Grades All Formulations Gas Price' series measures the average retail price of gasoline, including all grades and formulations, in the East Coast region of the United States. This metric is a key indicator of energy costs and consumer spending.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the average price paid by consumers for regular, midgrade, and premium gasoline blends across the PADD I (East Coast) Petroleum Administration for Defense District. It is a widely-tracked economic indicator used to assess regional fuel market conditions and consumer purchasing power.
Methodology
The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Historical Context
Policymakers and analysts closely monitor this series to understand the economic impact of energy price fluctuations on households and businesses.
Key Facts
- Gasoline accounts for over 10% of average U.S. household expenditures.
- PADD I covers 18 states from Maine to Florida.
- Prices can vary significantly by region due to factors like supply, taxes, and seasonality.
FAQs
Q: What does this economic trend measure?
A: This series measures the average retail price of all grades and formulations of gasoline sold in the East Coast region of the United States, as defined by the PADD I Petroleum Administration for Defense District.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of energy costs and consumer spending power, as gasoline is a major household expense. Analysts and policymakers use this data to assess regional fuel market conditions and the economic impact of energy price fluctuations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this series to understand the impact of energy prices on household budgets and consumer spending, which can inform decisions around energy policy, taxation, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is published weekly with a short lag, providing timely insight into regional fuel market conditions. However, it may not capture all price variations at the local level.
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Citation
U.S. Federal Reserve, PADD I (East Coast District) All Grades All Formulations Gas Price (GASALLECW), retrieved from FRED.